If former FTX CEO Sam Bankman-Fried had designs on repairing his reputation as a responsible steward of a once multi-billionaire-dollar crypto empire, he’s certainly making that complicated.
Former FTX CEO Sam Bankman-Fried continued a cryptic thread on Twitter, saying that FTX US had enough to repay all customers.
The former MIT graduate founded both FTX and FTX US, a crypto trading empire once worth more than $30 billion. Bankman-Fried and FTX are now the subject of investigations by the U.S. Securities and Exchange Commission and Justice Department amid the company's shock filing for bankruptcy protection last week.
Over the past week, the former CEO of FTX has seemed to want appear apologetic, although his explanations have been short on many details. In one tweet from Nov. 10, Bankman-Fried posted simply “I'm sorry. That's the biggest thing. I f*cked up, and should have done better.”to the thread, Bankman-Fried said he'd been meeting in-person with regulators and working with teams to"do what we can for customers.
"My goal—my one goal—is to do right by customers," he said."And after that, investors. But first, customers." © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.By signing-up you agree to our
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